[Hiring] Fund Accountant @Allocate

Role Description

As a Fund Accountant, you will own the day-to-day operations of a portfolio of funds end to end. You will work directly with the banking, legal, audit, and tax partners who support those funds, and closely enough with our product and engineering teams to shape the software that runs the work.

• Own day-to-day fund operations across financial accounting, capital calls and distributions, investor and financial reporting, and cash management.
• Prepare and review quarterly and annual financial statements, capital account statements, and investor-level allocations.
• Interpret fund legal documents — limited partnership agreements, subscription documents, and side letters — and apply their economic terms to allocations, waterfalls, and fee calculations.
• Partner with external service providers across banking, legal, audit, and tax to create a seamless experience for investors and fund sponsors.
• Work actively with the software development team to scope, test, and implement automation and other efficiency improvements across fund workflows.
• Support other Allocate teams on processes related to fundraising, diligence, and investor relations.
• Lead special projects and initiatives where your interests and Allocate’s strategic priorities align.
• Follow and contribute to the ongoing improvement of compliance policies and process documentation.

Qualifications

• 2–3+ years of experience within fund administration, private markets (venture capital or private equity), fintech, or another finance-oriented professional services capacity, with proven operations and project management skills.
• Familiarity with fund accounting and administration concepts in private markets and the applicable reporting requirements.
• Experience working within a regulated and supervised industry.
• Robust analytical skills across quantitative and qualitative metrics.
• Exemplary oral and written communication skills.
• Ability and willingness to lead and manage complex initiatives and tasks.
• Dedication to Allocate’s mission.

Requirements

• CPA or CFA, or meaningful progress toward either.
• Public accounting experience in an alternative investments or financial services practice.
• Hands-on experience with a fund accounting platform, or with migrating from one platform to another.
• Comfort using SQL, advanced Excel, or AI-assisted tools to speed up recurring analysis and reporting.

Benefits

• Medical, dental, and vision; 401(k); and responsible vacation time (PTO).

Additional Details

• Fully Remote Position (within the United States).
• Travel may be required for company offsites.
• Broadband internet connection required.
• Location: All I-9 eligible candidates will be considered.
• Salary: $90,000 – $110,000 base, with bonus and equity eligibility.
• Employment: Full-time.
• The base pay offered will be determined based on the candidate's experience, location, skills, training, certifications, education, internal equity, and market data.
• Total compensation may also include a discretionary performance-based bonus.